Shree Ram Twistex IPO
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Shree Ram Twistex IPO details
Schedule of Shree Ram Twistex
| Issue open date | 23 Feb 2026 |
| Issue close date | 25 Feb 2026 |
| UPI mandate deadline | 25 Feb 2026 (5 PM) |
| Allotment finalization | 26 Feb 2026 |
| Refund initiation | 27 Feb 2026 |
| Share credit | 27 Feb 2026 |
| Listing date | 02 Mar 2026 |
| Mandate end date | 12 Mar 2026 |
| Lock-in end date for anchor investors (50%) | 28 Mar 2026 |
| Lock-in end date for anchor investors (remaining) | 27 May 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Shree Ram Twistex
Shree Ram Twistex Limited is a Gujarat-based cotton yarn manufacturing company incorporated on December 31, 2013, as a private limited company. It was converted into a public limited company on September 18, 2024. The Company is promoted by Bhaveshbhai Bhikhubhai Ramani, Jay Atulbhai Tilala and Nidhi Bhaveshbhai Kothari. The Company operates a manufacturing facility at Gondal, Rajkot, Gujarat. It is engaged in the manufacturing of cotton yarns, including compact ring spun and carded yarns, both combed and carded. Its product portfolio also includes value-added yarns such as Eli Twist, compact slub yarns and Lycra-blended yarns. These yarns cater to knitting and weaving applications across denim, terry towels, shirting, home textiles and industrial fabrics.The Company follows a B2B business model, supplying institutional buyers such as textile manufacturers and garment exporters. Its strengths lie in product customisation, consistent quality, long-term client relationships and a focused cotton yarn portfolio aligned with diverse end-use industries
Financials of Shree Ram Twistex
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 110.24 |
| Fresh Issue – Proceeds go to the company | 110.24 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Setting up of 6.1 MW Solar Power Plant (captive use) | 7.85 (7.10%) |
| Setting up of 4.2 MW Wind Power Plant (captive use) | 39 (35.40%) |
| Repayment / pre-payment of certain borrowings | 14.89 (13.50%) |
| Funding working capital requirements | 44 (39.90%) |
| General corporate purposes | 4.5 (4.10%) |
Strengths
- Expanded capacity to 9,855 MT per annum, improving scale and efficiency.
- No time or cost overruns in operations.
- No history of lockouts or strikes.
- No accumulated losses as per the RHP.
- Experienced promoters with a strong textile industry background.
Risks
- High dependence on top customers for revenue.
- No long-term contracts; operates on a purchase order basis.
- No formal dividend policy and no past dividend payments.
- Risk of technology obsolescence and upgrade costs.
- Dependence on key promoters and senior management.
Allotment Status for Shree Ram Twistex
To check your IPO allotment status:
- Visit the Bigshare Services IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status
Subscription Figures for Shree Ram Twistex
As per media reports (Link), the Grey Market Premium (GMP) of Shree Ram Twistex is reported at ₹13.5 over the IPO price. This metric is unreliable; to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 05:00 PM on February 25, 2026:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 79.50 | 313.42 | 3.94x |
| NII | 15.90 | 3502.65 | 220.29x |
| Retail | 10.60 | 811.90 | 76.59x |
| Total | 106 | 4627.98 | 43.66x |